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$715,000 Sale Pending

  • For Sale
  • Pending
  • Single Family
  • 3 Beds
  • 2 Full Baths
  • 2,921 Sq. Ft.

Listed by Kari Montgomery | Keller Williams Realty | (253) 848-5304 and Amanda Lynn Langan | Buck Real Estate | (425) 322-3815

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Welcome to First Lookout Farm-where Mt. Rainier greets you daily with breathtaking beauty. Nestled on just shy of 10 acres in Yelm, this charming farmhouse offers the perfect blend of peaceful country living and functional equestrian lifestyle. This gorgeous home is 1949 sq ft with a 972sq ft unfinished basement featuring 3 bedrooms, 2 baths, plus 2 additional office/flex rooms with inspiring views, the home boasts a desirable open floorplan designed for easy living. Expansive picture windows capture stunning vistas in every direction-sunrise over rolling hayfields and snow-capped mountains to the east, and sunset views of the timeless barn and apple tree orchard to the west. The property is thoughtfully equipped for both comfort and productivity, including a proper mudroom with laundry, detached shop with multiple workshop spaces, and EV charger. Outdoors, enjoy a private recreation area with a 22' pool, adjacent deck, and sun sail-perfect for summer entertaining. Ideal for equestrian or hobby farming, the fully fenced and gated acreage includes grazing pasture, a classic barn with enclosed livestock area, large chicken/duck enclosure, and coop. Established fruit trees-apple, plum, and mirabelle-add to the farmstead charm. A prepared entry for a 16' automated double gate offers future enhancement potential. Experience the serenity of country living while remaining conveniently located just minutes from town amenities.

Full Property Details for 15111 148th Ave SE

General

  • Price: $715,000
  • Taxes: $4,197 (2026)
  • Status: Pending
  • Type: Single Family
  • Source: NWMLS
  • MLS ID: 2507284
  • Updated: 5/8/2026
  • Added to Site: 48 day(s) ago

Interior

  • Interior Features: Bath Off Primary, Ceiling Fan(s), Dbl Pane/Storm Window, Fireplace, Wine/Beverage Refrigerator, Wired for Generator
  • Fireplace: Yes
  • Number of Fireplaces: 2
  • Fireplace(s): Wood Burning
  • Appliances: Dishwasher(s), Double Oven, Dryer(s), Garbage Disposal, Refrigerator(s), Stove(s)/Range(s), Washer(s)
  • Flooring: Laminate, Vinyl Plank, Carpet

Rooms

Bathrooms

  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Upper - Full Baths: 1
  • Main Floor Baths: 1

Bedrooms

  • Total Bedrooms: 3
  • Bedrooms Upper: 2
  • Bedrooms Main: 1

Additional Information

  • Amenities: Barn, Cable TV, Deck, Electric Car Charging, Fenced-Fully, Gated Entry, High Speed Internet, Outbuildings, Outdoor Fireplace, RV Parking, Shop
  • Pool: Yes
  • Pool Description: Above Ground
  • Security/Safety: Fully Fenced, Security Gate

Parking

  • Carports: Yes
  • Covered Spaces: 2
  • Parking Features: Detached Carport, Driveway, Off Street, RV Parking

Location

  • Area: 453 - Yelm/Rainier
  • County: Thurston
  • Subdivision: Yelm
  • Driving Directions: GPS friendly. From Pacific, R on Spanaway-McKenna HWY, turns into McNaught Rd S at Roy, L on Vail, R on 148th Ave, home will be on the left.

School Information

  • High School District: Yelm
  • Elementary School: Buyer To Verify
  • Middle School: Buyer To Verify
  • High School: Buyer To Verify

Heating & Cooling

  • Air Conditioning: Yes
  • Cooling Type: Heat Pump
  • Heating Type: Heat Pump

Utilities

  • Sewer: Septic Tank
  • Water: Individual Well, Private

Structural Information

  • Structure Type: House
  • Exterior Const.: Cement/Concrete, Wood
  • Basement Desc.: Unfinished
  • Foundation: Poured Concrete
  • Roof: Metal
  • Entry Location: Main
  • Square Feet: 2,921
  • Finished Total: 1,949 Sq. Ft.
  • Unfinished Total: 972 Sq. Ft.
  • Year Built: 1964
  • Property Condition: Updated/Remodeled

Lot Features

  • Property View: Mountains, Territorial
  • Lot Size (Acres): 9.6325
  • Lot Size (Sq. Ft.): 419,592
  • Lot Size Source: Public Records
  • Lot Dimensions: 981 x 420
  • Topography: Equestrian, Level
  • Lot Features: Open Space, Paved, Secluded
  • Trees/Vegetation: Fruit Trees, Garden Space, Pasture

Financial Considerations

  • Tax Amount: $4,197.82
  • Tax Year: 2026
  • Terms: Cash, Conventional, FHA, See Remarks, USDA Loan, VA Loan

Disclosures and Reports

  • Special Conditions: None
  • Inclusions: Above Ground Pool, Dishwasher(s), Double Oven, Dryer(s), Garbage Disposal, Refrigerator(s), Stove(s)/Range(s), Washer(s)
  • Property ID: 21613420000
  • Lot Number: 21613420000

Listed by Kari Montgomery | Keller Williams Realty | (253) 848-5304 and Amanda Lynn Langan | Buck Real Estate | (425) 322-3815

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Schools serving 15111 148th Ave SE

School District:Yelm Community Schools
NameGradesDistance
Yelm Prairie Elementary School
16535 110th Avenue Southeast, Yelm, WA 98597
K-54.1 mi
Ridgeline Middle School
10605 Carter Street Southeast, Yelm, WA 98597
6-84.3 mi
Yelm High School 12
1315 West Yelm Avenue, Yelm, WA 98597
9-125.5 mi
Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 15111 148th Ave SE Get Price Alerts and Save Property

Date
Details
Price
Change
Source
4/16/2026
Listed
$715,000
5.15%
MLS
1/03/2024
Sold
$680,000
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 15111 148th Ave SE

Year
Property Taxes
Change
Tax Assessment
Change
2024
$5,456
25%
$584,700
-1%
2025
$4,363
—
$593,100
35%
2021
$4,373
-13%
$438,900
-18%
2023
$5,004
14%
$536,200
54%
2021
$4,373
16%
$348,400
20%
2020
$3,761
19%
$290,600
-1%
2019
$3,171
-12%
$293,600
11%
2018
$3,608
32%
$265,600
10%
2017
$2,732
-16%
$240,450
3%
2016
$3,246
-3%
$233,550
-1%
2015
$3,338
1%
$236,600
5%
2014
$3,304
—
$226,300
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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Listed by Kari Montgomery | Keller Williams Realty | (253) 848-5304 and Amanda Lynn Langan | Buck Real Estate | (425) 322-3815

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15111 148th Avenue SE, Yelm, WA 98597 (MLS# 2507284) is a Single Family property with 3 bedrooms and 2 full bathrooms. 15111 148th Avenue SE is currently listed for $715,000 and was received on April 16, 2026. Want to learn more about 15111 148th Avenue SE? Do you have questions about finding other Single Family real estate for sale in Yelm? You can browse all Yelm real estate or contact a Coldwell Banker agent to request more information.

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